Ericsson ABto shed 1,200 Swedish jobs in bid to slash costs
The company also plans to cut costs separately by reducing facilities and the use of consultants and will streamline processes, it said in a statement on Monday.
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The company also plans to cut costs separately by reducing facilities and the use of consultants and will streamline processes, it said in a statement on Monday.
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Editor's Note: The ongoing 20th National Congress of the Communist Party of China is widely expected to start a new chapter in the saga of reform and opening-up that energized the Chinese economy over the last four decades and made it the world's second-largest. It also sets the tone for improving the business environment for global firms, big and small, operating in the country. China Daily publishes a series of Q&As with business executives from leading MNCs featuring their outlook for the Chinese economy as well as their hopes for the future prospects of their businesses in Chin...
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